Average Directional Movement Index Technical Indicator (ADX) helps to determine if there is a price trend. It was developed and described in detail by Welles Wilder in his book "New concepts in technical trading systems". However, the main purpose of the ADX is to determine whether a stock, future, or currency pair is trending or is in a trading range. Determining which mode a … [Read more...]
Market psychology Of Foreign exchange trading
Market psychology and trader perceptions influence the foreign exchange market in a variety of ways: Flights to quality Unsettling international events can lead to a "flight to quality," with investors seeking a "safe haven." There will be a greater demand, thus a higher price, for currencies perceived as stronger over their relatively weaker counterparts. The Swiss franc … [Read more...]
stock market -technical analysis
Technical analysis is a method of analyzing the current situation and evaluating the future security price and market directions based on various factors like trading volume, price changes, etc., to identify pattern A stock market term - The attempt to look for numerical trends in a random function. The stock market is filled with technical analysts deciding what to buy and … [Read more...]
tips on stock market trading
One of the myth in which every investor and traders lives in is that the stock markets are at all time highs and just like the last time around when the market was at its previous high every one thinks that nothing can go wrong and there is just one way where the market can go which is UP.. Here are a few tips that would hopefully save you from losing a lot of cash in the … [Read more...]